# KGA breaks ground on KRW 70B battery equipment plant in Pyeongtaek, South Korea

KGA held a groundbreaking ceremony for a new factory in Pyeongtaek Brain City, South Korea, with a planned investment of approximately KRW 70 billion. Construction is expected to be completed by the second half of 2025, producing battery electrode process equipment and new business equipment.

- Type: New facility
- Announced: 2024-11-28
- Where: Pyeongtaek, Gyeonggi Province, South Korea
- Value: $50.0M (70.0B KRW)
- Starts operating: Q3 2025
- Status: under construction
- Products: coater, roll press, slitter, aerogel, lead-acid battery restorer
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KGA](https://endata.com/companies/16250.md)

## Sources

- [newsis.com](https://www.newsis.com/view/NISX20241128_0002975791), 2024-11-28: "케이지에이는 내년 하반기까지 약 700억원을 투자해 신공장을 건설할 계획이다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.